BUDGET
578 articole · RSS
Romania Budget Gap Widens To RON13.7B In September
Romania’s consolidated budget posted a deficit of 13.7 billion lei (EUR3.16 billion) in the first nine months, equal to 2.5% of the gross domestic product, Finance Ministry data showed Tuesd...
Boc: None Of 2012 Budget Scenarios States Wage Cuts, Taxing Pensions
The Romanian Government will propose a prudent draft 2012 budget, which should protect Romania from major risks if the situation in Europe does not improve, and none of the budget scenarios...
Romania To Raise Pvt Pension Contribution To 3.5% In 2012
Contributions to mandatory private pensions (Pillar II) will increase to 3.5% of the gross wage in 2012, from 3%, according to the draft state budget, said Tuesday Andreea Paul Vass, adviser...
President Calls For Prudent 2012 Budget
Romania must use prudence in setting its budget targets for 2012, because the costs to finance the deficit have gone up due to the worsening situation in international markets, President Tra...
Lower House’s Leadership Approves Institution’s Draft 2012 Budget
The Romanian Chamber of Deputies’ Standing Bureau on Monday approved the lower house’s draft budget for 2012 of 216 million lei (about EUR50 million), said the secretary of the institution,...
Opposition Wants VAT Cut To 19% To Vote On Draft 2012 Budget
Romanian opposition Social Democratic Party leader Victor Ponta said Monday the Social Liberal Union will vote on the draft budget for 2012 only if social security contributions are cut by 1...
Romanian Parliament Might Start Budget Debates After Nov 1
The Romanian Government has drafted the state budget bill and will send it to Parliament for approval by November 1, Ioan Oltean, secretary general of the ruling Democratic Liberal Party, to...
Romania Considers Raising Pensions By 6.5% In 2012
Romania’s Labor Ministry has drafted a budget that raises pensions by an average 6.5% in 2012, which would cost the state budget an extra 3 billion lei (EUR680 million), minister Sulfina Bar...
Government Directs Over Half Of Debt Relief Funds To Local Authorities Controlled By PDL
More than half the funds provided the Government for debts and current and capital expenses have been assigned to local authorities led by democrat liberals, while towns managed by the oppos...